Atmel Corp (ATML) Misses Q2 EPS by 2c; Issues Light Q3 Revenue Outlook
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July 29, 2015 9:30 AM EDT
Dougherty & Co downgraded Atmel (NASDAQ: ATML) from Buy to Neutral and removed its price target (prior $8.50). The change follows disappointing Q2 results.
Analyst Charles Anderson said, "The main culprit this time is Mobility (touchscreen, sensor hub, Mobile TV) -- which we... More
July 29, 2015 6:59 AM EDT
Needham & Company maintained a Buy rating on Atmel (NASDAQ: ATML), and cut the price target to $10.00 (from $11.00), following 2Q15. Revenue of $306.3MM came in below $318.98MM consensus. Management guided revenue of $293MM lower than the Street's $335MM estimate.
Analyst Rajvindra Gill commented, "Atmel... More
July 28, 2015 4:01 PM EDT
Atmel Corp (NASDAQ: ATML) declared a quarterly dividend of $0.04 per share, or $0.16 annualized.
The dividend will be payable on September 24, 2015, to stockholders of record on September 14, 2015, with an ex-dividend date of September 10, 2015.
The annual yield on the dividend is 1.9... More
